Construction World August 2017

HOUSING

Huge new development Osho Property Holdings – a member of diverse business group, Osho Ventures – has launched Solinti, a new residential property development on prime land in Carlswald, Midrand. Solinti is designed by a consortium of leading architects and landscape designers. The design and construction specifications have been reviewed and certified by TÜV SÜD – giving Solinti its world-class stamp of approval.

entertainment areas with something for every member of the family – from the waterpark, skating rink, zip-lines and pump track for the kids to indoor and outdoor gyms, putting greens, and jogging and cycle tracks for the whole family. There are also tranquil parks, a mini-hockey field, a communal pool and a large club house for parties and functions. Agrawal says: “We’re excited to be breaking ground on this development, offering families a sanctuary of sustainable living with easy access to the best urban facilities as well as great opportunities for property investors. The property follows our corporate ethos of sustainable development, promoting wellness and renewable living. We see wonderful potential in Gauteng property develop ment in the years to come.” About Osho Ventures Osho Ventures is a diversified, multi- national group with interests in exploration and mining, cement, steel, logistics, shipping, recycling of waste tyres, and property development. The Group has operations in South Africa and its neighbouring countries, the United Arab Emirates, India, USA and Australia. 

Sprawling across eight hectares of greenery and communal space in Midrand, the 552 apartments and 24 villa complex brings nature and urban living together in a sectional title environment. The develop- ment will create between 3 000 and 5 000 direct jobs over the next two years, as well as a further 1 000 indirect jobs. These jobs are expected to contribute around R350-million to the SA economy over the construction period. The residences will boast modern architecture with sleek interior finishes, high-end security, fibre to the home and the latest, energy-efficient technologies. Osho is using building information modelling to ensure maximum safety and efficiency for this construction. The marketing (off-plan sales) efforts commenced on 20 May and construction will be completed in phases over the next 24 months. This is Osho’s first foray into

residential property development, with plans to launch at least two more residential developments in Gauteng in the next few years. Says Sumit Agrawal, CEO of Osho Property Holdings: “There is a shortage of value for money housing in Gauteng for a market seeking the lifestyle benefits of a secure and sustainable living. We have entered the property market to address this gap with residential developments that offer great social and lifestyle facilities to aspirational buyers.” Solinti is located 10 km from Sandton, 30 km from Pretoria, 40 km from OR Tambo International Airport and only 7 km from the Midrand Gautrain Station. The serene estate overlooks the Rietspruit River, yet offers easy access to South Africa's largest shopping mall, The Mall of Africa, and other convenient urban facilities. Solinti offers beautiful relaxation and

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CONSTRUCTION WORLD AUGUST 2017